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it would be a self-inflicted wound on the economy. it would slow down our growth, might tip us into recession, and ironically, would probably increase our deficit. so to even entertain the idea of this happening, of the united states of america not paying its bills is irresponsible. it's absurd. as the speaker said two years ago, it would be, and i'm quoting speaker boehner now, a financial disaster not only for us, but for the worldwide economy. so we have got to pay our bills. and republicans and congress have two choices here, they can act responsibly and pay america's bills, or they can act irresponsibly and put america through another economic crisis. but they will not collect a ransom in exchange for not crashing the american economy. the financial well-being of the american people is not leveraged to be used. the full faith and credit of the united states of america is not a bargaining chip. and they better choose quickly because time is running short. the time lime republicans in congress even flirted with this idea, our aaa c
it would be a self-inflicted wound on the economy. it would slow down our growth, might tip us into recession, and ironically, would probably increase our deficit. so to even entertain the idea of this happening, of the united states of america not paying its bills is irresponsible. it's absurd. as the speaker said two years ago, it would be, and i'm quoting speaker boehner now, a financial disaster not only for us, but for the worldwide economy. so we have got to pay our bills. and republicans...
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Jan 14, 2013
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economy hostage. here's the president. >> they will not collect a r ransra ransom in exchange for not crashing the american economy. the financial well being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. and they'd better choose quickly because time is running short. >> and house speaker john boehner responded quickly saying the house republican majority will do the responsible thing. will make sure the nation meets its obligations, will keep the government running. that's trying to take that specter of the government shutdown off the table. we've got a real confrontation brewing because the president says i'm going to break the habit of crisis-driven fiscal negotiations. and if he succeeds in that, somebody's going to have to break. we're going to find out pretty soon. because the debt ceiling could be hit in as little as one month from now. >> it's interesting that we still haven't had any ideas, though, on spen
economy hostage. here's the president. >> they will not collect a r ransra ransom in exchange for not crashing the american economy. the financial well being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. and they'd better choose quickly because time is running short. >> and house speaker john boehner responded quickly saying the house republican majority will do the responsible thing. will make...
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they're part of the reason that this economy works. you know, in new york, you go to the finest french restaurant and you're going to find that the chef may not be french. he probably is south of the border. but not the border between, you know, france and some other country. it's a border -- south of the border here in the united states. it's part of the fabric of american society and the question is, isn't it about time that this country deal with 11 million people who have been here for decades and who aren't going anywhere in the near future? not going to self deport. mitt romney learned that lesson 6th of november. deal with it in a humane position and both sides have to sit down and agree to what they can agree to. >> we'll see what the comprehensive proposal or bill will be if this report is accurate. the president is moving forward quickly on it. thank you very much, jose. see you soon. >> thank you, tamron. >>> we'll be right back. if you have high blood pressure and get a cold get coricidin hbp. the number one pharmacist reco
they're part of the reason that this economy works. you know, in new york, you go to the finest french restaurant and you're going to find that the chef may not be french. he probably is south of the border. but not the border between, you know, france and some other country. it's a border -- south of the border here in the united states. it's part of the fabric of american society and the question is, isn't it about time that this country deal with 11 million people who have been here for...
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Jan 14, 2013
01/13
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses i've always had to keep my eye on her... but, i didn't always watch out for myself. with so much noise about health care... i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still going to give me a heart attack. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. >> chris: president obama announced that a national security team he wants for his second term and, bruising confirmation battles are shaping up over several picks, especially f
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses i've always had to keep my eye on her... but, i didn't always watch out for myself. with so much noise...
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Jan 14, 2013
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the companies that moved so aggressively overseas stopped being dragged down by our sluggish economy. they were left for dead in 2012 and are roaring back to life. i think they will gain steam as the wrangling in washington goes on for the rest of the year and beyond. fred in ohio, fred? >> caller: yes, jim. boo-yah. this is fred from ohio. >> we loved ohio when we went out there last year to see some other ohio team. we were in that town. >> caller: i've been watching you from day one. >> thank you. >> caller: i want to know what do you expect from pepsi on the first quarter earnings and china and the association with burger king and marketing. what do you think of the first quarter earnings? >> i think the ceo is going to deliver a really, really good quarter. i think that stock -- if it's an emphasis on emerging markets, it's going to do a great job. i would own peps co-going into the quarter. dino in california, dino? >> caller: jimmy. >> yo-yo. >> caller: happy new year. >> happy new year. >> caller: by the way, i hope you shorted the mayans. >> oh, yeah. absolutely. >> caller: r
the companies that moved so aggressively overseas stopped being dragged down by our sluggish economy. they were left for dead in 2012 and are roaring back to life. i think they will gain steam as the wrangling in washington goes on for the rest of the year and beyond. fred in ohio, fred? >> caller: yes, jim. boo-yah. this is fred from ohio. >> we loved ohio when we went out there last year to see some other ohio team. we were in that town. >> caller: i've been watching you...
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Jan 14, 2013
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or hybrid cars, but what we're seeing is your typical gasoline-engine cars getting really good fuel economy. 30 and 40 miles per gallon. >> reporter: 50 new vehicles will be unveiled at this showing, including the new corvette, uncovered last night. >> that will be the star of the show. >> reporter: a close second might be the array of new luxury vehicles which these days come mo more than just leather sheets. mercedes revamped the popular e class of cars and overnight released its first compact. >> we are very, very sure this goes right into the center of the heart of our u.s. customers. >> reporter: a customer base that industrywide continues to grow. >> we are seeing the best sales since 2007. >> reporter: and this week in the motor city we're getting a first look at what they'll be buying. and a marketplace that from the looks of things here, veronica, will be defined by some sleek lines and strong technology. that's the latest live in detroit. i'm jay gray, veronica, what model can i bring home to you? >> i like the new corvette. can you put that in your pocket? >> i'll just drive it h
or hybrid cars, but what we're seeing is your typical gasoline-engine cars getting really good fuel economy. 30 and 40 miles per gallon. >> reporter: 50 new vehicles will be unveiled at this showing, including the new corvette, uncovered last night. >> that will be the star of the show. >> reporter: a close second might be the array of new luxury vehicles which these days come mo more than just leather sheets. mercedes revamped the popular e class of cars and overnight...
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Jan 14, 2013
01/13
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> great conversation, you want dale murphy in the hall of fame. dually noted. thanks to all of you. aig? we said we were going to turn it around, and we did. woman: we're helping joplin, missouri, come back from a devastating tornado. man: and now we're helping the east coast recover from hurricane sandy. we're a leading global insurance company, based right here in america. we've repaid every dollar america lent us. everything, plus a profit of more than $22 billion. for the american people. thank you, america. helping people recover and rebuild -- that's what we do. now let's bring on tomorrow. there's natural gas under my town. it's a game changer. ♪ it means cleaner, cheaper american-made energy. but we've got t
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> great conversation, you want dale murphy in the hall of fame. dually noted. thanks to all of you. aig? we said we were going to turn it around,...
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Jan 14, 2013
01/13
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economy. republicans will say that this white house, this president, had been unable to do those spending cuts that have been talked about for so long and that they need this leverage to be able to force this issue. so we are where we have been, at this standoff as you look live in the east room there, with the president about ready to come out and address reporters. jon: all right. here now, president obama for the final news conference of his first term. >> please have a seat, everybody. good morning. i thought it might make sense to take some questions this week as my first term comes to an end. it's been a busy and productive four years and i expect the same for the next four years. i intend to carry out the agenda that i campaigned on, an agenda for new jobs, new opportunity, and new security for the middle class. now right now our economy is growing, and our businesses are creating new jobs. so we are poised for a good year, if we make smart decisions and sound investments, and as long a
economy. republicans will say that this white house, this president, had been unable to do those spending cuts that have been talked about for so long and that they need this leverage to be able to force this issue. so we are where we have been, at this standoff as you look live in the east room there, with the president about ready to come out and address reporters. jon: all right. here now, president obama for the final news conference of his first term. >> please have a seat,...
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Jan 14, 2013
01/13
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it would be a self-inflicted wound on the economy. it would slow down our growth, might tip us into recession, and ironically, would probably increase our deficit. so even entertain the idea of this happening, of the united states of america not paying its bills, is irresponsible. it's absurd. as the speaker said two years ago, it would be, and i'm quoting, speaker boehner now, a finance ral disaster not only for us but for the worldwide economy. so we've got to pay our bills. and republicans in congress have two choices here. they can act responsibly and pay america's bills, or they can act irresponsibly and put america through another economic crisis. but they will not collect a ransom in exchange for not crashing the american economy. the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. and they better choose quickly because time is running short. the last time republicans in congress even flirted with this idea our aaa credit
it would be a self-inflicted wound on the economy. it would slow down our growth, might tip us into recession, and ironically, would probably increase our deficit. so even entertain the idea of this happening, of the united states of america not paying its bills, is irresponsible. it's absurd. as the speaker said two years ago, it would be, and i'm quoting, speaker boehner now, a finance ral disaster not only for us but for the worldwide economy. so we've got to pay our bills. and republicans...
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Jan 14, 2013
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fuel economy has been a good selling point in the corvette. >> final question, does winning these top honors help auto manufacturers sell these cars? >> you know, that's always a big question. the bottom line is yes, they do. they do help auto dealers. it is no guarantee. we have certain seen cars win these awards in the past and then just fail in the marketplace, just for whatever reason they didn't catch on with customers. it helps, but it's certainly not enough to do all about itself. >> peter from cnn money.com. thank you so much. >>> a talk back question for you, what's the best way to honor the newtown victims. you can face book me at facebook.com/carolcnn. >>> we want to take you to baltimore now, it is the johns hopkins summit on gun control. mayor michael bloomberg is speaking. >> including private sales at gun shows and online. these private sales now account for more than 40% of all gun sales nationally, which means that in 2012 alone, there were more than 6 million gun sales that happened with no background checks. many of those guns, being sold are handguns which are used
fuel economy has been a good selling point in the corvette. >> final question, does winning these top honors help auto manufacturers sell these cars? >> you know, that's always a big question. the bottom line is yes, they do. they do help auto dealers. it is no guarantee. we have certain seen cars win these awards in the past and then just fail in the marketplace, just for whatever reason they didn't catch on with customers. it helps, but it's certainly not enough to do all about...
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Jan 14, 2013
01/13
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the 2013 ram 1500 with best-in-class fuel economy. engineered to move heaven and earth. guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year. >> welcome back. we're coming to you this morning live from newtown, connecticut. today marks one month since the tragic shootings that took so many young lives and so many lives overall. vice president joe biden is going to be meeting with the house of representatives, and finalize the recommendations that he'll give based on meetings that he has had with his gun task force and groups across the country. he is expected to recommend a couple of things. universal background checks and limiting high capacity magazines as well as encouraging more research into links between violent media and gun violence. >> first of all, it's sobering to be in this place here at this time. i just want to say that. i think the president is going to be more aggressive here in his second term on this. i mean, gun control is an issue that divides the country very closely. i think almost exactly in half. the reality is that the half of the c
the 2013 ram 1500 with best-in-class fuel economy. engineered to move heaven and earth. guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year. >> welcome back. we're coming to you this morning live from newtown, connecticut. today marks one month since the tragic shootings that took so many young lives and so many lives overall. vice president joe biden is going to be meeting with the house of representatives, and finalize the recommendations that he'll give based on...